Goldratt, Rami - Retail the TOC Way: Introduction

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About this Conference Video: The standard TOC application for retail focuses on demand pull replenishment. How to set inventory targets, how to dynamically manage these inventory targets, how to utilize the power of aggregation and how to determine the frequency of replenishing stock? While these are important aspects of the solution, the elaborated experience in implementing TOC in various retail companies made it clear that the main focus should not be merely on what to replenish, but rather heavy emphasis must be given to what NOT to replenish. In his 90 minute presentation, Rami Goldratt presents highlights of the considerable developments in applying the concepts of flow to the retail environment. Topics include how to manage vast assortments; how to synchronize new product introduction with liquidation of slow moving items; how to dynamically manage the range; how to manage short product-life cycles, and more. The workshop is a preview for the new S&T tree for retail that will be published in the near future. (1 hour, 19 minutes).

About the Presenter:

Rami Goldratt: currently serves as CEO of Goldratt Group, the leading organization in Theory Of Constraints (TOC) holistic implementations. Over the years, Rami has been involved in consulting engagements with retail, automotive, textile, chemical, and service industries all around the world.

Rami is considered one of the most influential leaders of the TOC body of knowledge, and is highly regarded for developing the TOC applications to Sales and Marketing. His ground-breaking implementations in this area have become the standard of TOC in sales.

Rami was also among the pioneers in developing and implementing TOC applications for the education system – guiding hundreds of teachers around the world in applying the TOC thinking Processes for children’s education.

© Copyright TOCICO, 2013 All Rights Reserved. No part of this recording may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the TOCICO. Except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law. Any claim, controversy, dispute or cause of action shall be governed by and construed in accordance with the Laws of the United States of America and the State of Washington. For permission requests please contact the TOCICO at marcia@TOCICO.org